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professions BEAN COUNTING Profiles of South Australian chartered accounting firms History Coming together in its present formin 2000, Hayes Knight is a leading business advisory firm serving clients in South Australia and the Northern Territory, and specialises in helping businesses to growand improve through a unique combination of accountancy,market- ing, investment, and banking expertise. Offering a fully integrated business- advisory process headed by specialists in their fields, Hayes Knight is an independent member of the Hayes Knight Group and part of a national association of independent accounting and business advisory firms. In addition, the group is a member of Morison International, a worldwide group of business advisors in major commercial centres around the globe. Five directors and team of 40. Partners Hayes Knight: Trent Mills, director, Tim Sargent, director, Grant Mills, chief executive officer, Alan Green, director, Richard Perkins, director. Photo: Stephen Gray “At Hayes Knight we provide more than just pre-packaged financial products – we provide a holistic solution of business advice and support,drawing on a pool of specialist expertise in accountancy, taxation,marketing,financial planning,and banking. Each of our Directors has end-to-end visibility of the entire process and represents a single point of oversight and transparency. Our clients know they’re not going to have their projects outsourced to outside agencies,and they choose us a nd remain with us because we have everything that they need in order to take the next step.” Serving the resources boom Martin Roth Resource-services companies are forecasting strong growth ahead. It is not only investors in mining and energy stocks who have reaped huge rewards from the resources boom. Some of the biggest gains have come from investments in the shares of mining contractors and other resource-services companies. WorleyParsons, which provides engineering services to oil and mining companies, rewarded its shareholders with an annual average return (dividends plus capital gain) of 69 per cent for the five years to early September, despite this year's sharemarket declines. For Monadelphous, which provides construction and maintenance services to mining companies, the figure was 81 per cent. The just-concluded results season showed that for many of these companies, the boom seems to go on and on. Yet amid the good news came some warnings. Perhaps the most stark was from mining company BHP Billiton, which cautioned that its growth was increasingly being hampered by equipment stress, labour shortages, equipment shortages, significant cost pressures, energy and power constraints, infrastructure bottlenecks and more. David Hall, 19, working at Monadelphous Engineering. As a consequence, Monadelphous was just one of several resource services companies to warn that, despite strengthening demand for its services, most of its projects were experiencing delays, due to industry-wide capacity constraints. Most pundits are forecasting that demand for Australian resources will remain high. But can the resource-service companies continue to benefit in an environment of rising costs and capacity constraints? "The recent results from across the sector were pretty positive," says Ian Christie, the director of research at Argonaut Securities. "But I think, more importantly ... is that when you are looking forward to financial year 2009 and potentially even to financial year 2010, you see very few sectors that are forecasting such strong levels – Grant Mies, managing director and CEO. CEO Grant Miles has over 20 years of financial expertise and management experience, and has developed signifi- cant expertise in assisting clients with expansion into international markets. Richard Perkins has over 20 years experience in providing business and corporate advice to clients at all levels. Richard is sought-after in areas such as audit, due diligence, valuations, and acquisitions and has played a leading role in developing the firm’s assurance and corporate advisory department, which has grown significantly in recent times. Trent Mills has gathered a wide range of experience over his 14 years in the accounting and business advisory sector. Trent consults to a variety of business sectors including manufactur- ing, building and construction, and transport, and specialises in superan- nuation, succession planning, buying and selling businesses, and business structuring. Tim Sargent has over 20 years experi- ence in consulting to small and medium size businesses and possesses formal qualifications in accounting, marketing and human resources. Alan Greenis recognised as a leader in business development and strategic business planning in Australia and New Zealand, is a past State President, Director and State Councillor for CPA Australia, and is Chairman of the National ExecutiveHayes Knight Group. Alan acts as a business coach and mentor to a number of organiza- tions and executives, and is a regular media commentator in the business press. Areas of specialty ?Accountancy and taxation advice ?Refinement and improvement of business operations ? Business growth and diversification ?Marketing and communications ? Investment and insurance ? Banking and finance ? IT services ? Staff training and education on issues that impact on business operations Recent projects Assisted a client through the demand- ing process of securing an AFS licence; ? Conducted a financial and operational review of a large group comprising ten business units in order to determine forward-looking strategy ?Performed a number of due diligences and valuations for one of South Australia’s leading private equity funds. What makes your firm unique An integrated business-advisory proc- ess headed by experienced specialists in a diverse range of fields not limited to traditional accountancy.Moreover, Hayes Knight’s membership in Morison International ensures that its services and experience are not limited by geographical boundaries. ? September 19 -25, 2008 23 CBD www.independentweekly.com.au Hayes Knight CHIEF EXECUTIVE Lead the South Australian organisation, foster relationships and influence outcomes at the national level and contribute to the international mission of engaging the Christian community in the use and application of the Bible. Operating from their own modern building you will lead a dedicated team. Your scope covers activities in South Australia and the Northern Territory and you will play an active role at national level. of continuing growth and at high margins. "Also, there is a very positive feeling out there among a lot of the contractors ... they still benefit from the huge investment that is going into the whole resources sector, yet they don't face the same immediate impact as do the resource companies themselves from the decline in commodity prices. So they are in the right environment, exposed to the right sector." However, he concedes that capacity constraints are a concern. "If you had to pick the key constraint, it would be labour," he says. "So that is a negative on growth. I think it is pretty much across the board, whether it is marine services or drilling services or engineering or whatever. Skills are hard to come by and getting more expensiveas well.” You will be an experienced leader with proven financial management skills. An able communicator you will represent the Society at all levels and this will require some interstate travel and perhaps overseas travel. Used to operating at Board level you will have the executive disposition needed to gain the respect of all the stakeholders. An influencer respected for your communication skills and with a commitment to the ethos of the Society you will ensure that the Society’s future is assured. Bring your leaderships skills, proven management experience and commitment to this role. A salary package including a car and salary sacrificing opportunities will be offered. Send your resume in Word format quoting Ref: 2013 apply@amerecruitment.com.au Your telephone call is welcomed by Sharon Magro or Allison Ashby on 08 8228 3800. Applications close 3rd October 2008. E62160